Answer:
The appropriate solution is "$130,000".
Explanation:
The given values are:
No. of common shares outstanding
= 50,000
Dividend per share
= $1.80
No. of preferred shares outstanding
= 8,000
Dividend per share
= $5
Now,
The total dividend on common shares will be:
= 
On substituting the values, we get
= 
=
($)
The total dividend on preferred stock will be:
= 
On substituting the values, we get
= 
=
($)
Hence,
The total dividend paid by company will be:
= 
= 
=
($)
Thus the above is the correct answer.
Answer:
Net accounts receivable is $190,000 if Samuel, Inc. writes-off a customer account balance of $1,000.
Explanation:
Net accounts receivable = Accounts Receivable - Allowance for Doubtful Accounts
In Samuel, Inc., before write-off:
Net accounts receivable = $200,000 - $10,000 = $190,000
The company writes-off a customer account balance of $1,000 by the entry:
Debit Allowance for Doubtful Accounts $1,000
Credit Accounts Receivable $1,000
Allowance for Doubtful Accounts and Accounts Receivable decrease $1,000
Net accounts receivable after write-off = $199,000 - $9,000 = $190,000
Financially responsible means to be prepared for something unexpectedly like u didn’t know was coming up or was gonna happen and it mean you need be able to support yourself with any source of income.
Answer:
(a.) The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. – <em><u>This will fall under the category of Government Spending(G)</u></em>
Reason: In this case the government is utilizing money in order to construct highway that will benefit public.
(b.) Musashi buys a sweater made in Guatemala –<em><u>This will fall under the category of imports(M)</u></em>
Reason: The product/commodity is being produced outside domestic boundaries, hence it is calculated under imports
(c.) Rina gets a new refrigerator made in the United States. - <em><u>This will fall under the category of consumption(C)</u></em>
Reason: Commodities produced within the domestic boundaries and further consumed or bought within domestic boundaries will be calculated under consumption
(d.) Rina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. - <em><u>This will fall under the category of exports(X)</u></em>
Reason: Here the maple syrup is being delivered to a third party living abroad so it will be calculated under export .
(e.) Musashi's employer upgrades all of its computer systems using U.S.-made parts. - <em><u>This will fall under the category of investment(I)</u></em>
Reason: Money spent to upgrade the system in order to increase productivity and this indeed will have an effect for a long duration. Therefore it'll be seen as an investment.